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Afghanistan Approves Blockchain Project to Help Tackle Scourge of Counterfeit Meds
Jul 6, 2020 at 10:00 UTCUpdated Jul 6, 2020 at 10:05 UTCShopping street in Kabul, Afghanistan (Jono Photography/Shutterstock)Blockchain startup Fantom has been given the green light to start tracking medicinal drugs in Afghanistan to help stem the country’s counterfeiting problem. After a signing ceremony with the Afghan Ministry of Health and several pharmaceutical distributors last…

BitMEX to Mandate ID Verification for All Traders as Maverick Exchange Ends Wild Ways
Aug 14, 2020 at 01:00 UTCUpdated Aug 14, 2020 at 01:08 UTCBitMEX, one of the oldest and most controversial cryptocurrency derivative exchanges, announced mandatory identity verification for all users. Registering to trade on BitMEX takes "less than 30 seconds," according to its homepage, where new users outside of restricted jurisdictions are required to enter only…

A Crypto Lesson From George Soros Amid Binance and Coinbase Accusations
One of the more challenging aspects of investing is thinking about events and the expectations of price movements around them. What we saw last week in the crypto market after the U.S. Securities and Exchange Commission (SEC) took action against Binance and Coinbase was a perfect example.Specifically, how do you explain the broad market sell-off…

El Salvador’s BTC Bet Is $13M in Profit as Bitcoin ETF Approval Approaches
El Salvador is sitting on $12.6 million in unrealized profits on its bitcoin (BTC) investment after being in the red for two years, according to data from Nayibtracker.The country started buying bitcoin in September 2021, paying between $47,250 and $52,670 for 700 BTC over the course of two weeks. President Nayib Bukele hailed the investment

Bitcoin Tops $71K, Ordinals Bets Rise Ahead of Halving
Bitcoin rose above $71,000 in Asian afternoon hours for the first time since April 1 ahead of the reward halving expected later this month, boosting Ordinal and BRC-20 ecosystem bets.The halving will reduce the rate at which new coins are created, an event that has historically preceded a bull market for the cryptocurrency.Bitcoin topped $71,000

BNB Chain Expected to Undergo ‘Luban’ Upgrade in June. Here’s all You Need to Know
Blockchain network BNB Chain is expected to undergo a network upgrade at block height 29,020,050, estimated to arrive on June 11 at 21:30 UTC, developers released on GitHub.Network improvements typically attract investors and users to blockchain ecosystems as they allow developers to provide even better features. BNB Chain utilizes the bnb token (BNB) for users…

Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations
Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.U.S. District Court for the Southern District of New York (elbud/Shutterstock)Jan 22, 2021 at 11:05 a.m. UTCUpdated Jan 22, 2021 at 11:08 a.m. UTCClass Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud AllegationsA…

Gary Gensler Failed the U.S. Crypto Industry, and So Has Congress
We are entering the summer of the U.S. Securities and Exchange Commission (SEC). The agency's latest actions against the world's foremost exchanges, Coinbase and Binance, have the crypto sector reeling.Major players are making moves – quickly. Crypto.com announced it will wind down its U.S. institutional business due to “limited demand.” Robinhood testified last week in…